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The BC Budget (tabled on February 17, 2015) contained no major announcements and no general corporate or personal tax rate changes.

A private member's bill aimed at facilitating intergenerational transfers of small businesses and farms has moved one step closer to becoming law. After passing third reading...

On March 22nd, 2018, Alberta Finance Minister Joe Ceci announced the 2018 Alberta Budget. The Budget does not include any changes to personal ...

On March 4, 2010 , Budget 2010 proposed important changes to the non-resident clearance certificate and withholding tax rules in section 116 of the Income Tax Act .

In Budget 2016, the new federal Government announced its intention to abandon certain legislative proposals, previously announced in Budget 2015, that would have provided an exemption from capital gains tax in respect of certain dispositions of real property and private corporation shares ..

Yesterday, the Supreme Court of Canada dismissed the Minister of National Revenue's ("the Minister") application for leave to appeal in the matter of Canada v. Cameco Corporation, 2020 FCA 112.

The federal government's 2022 Fall Economic Statement (Economic Statement), released on November 3, 2022, introduced a new tax on share buybacks by public corporations in Canada.

Canada has been an active participant in the base erosion and profit shifting project, a project of the Organisation for Economic Co-operation and Development...

The 2014 Canadian federal budget proposes to introduce to the Income Tax Act new anti-avoidance provisions regarding "back-to-back loans" that, where applicable, may affect the deductibility of interest and/or result in the imposition of Canadian withholding tax.

In Canada, only a charity that is a Canadian registered charity is exempt generally from Canadian income tax.

Corporations incorporated under the Ontario Business Corporations Act (the "OBCA") will have additional record keeping requirements regarding real property as of December 10, 2016.

On October 16, 2017, Finance Minister, Bill Morneau, announced a cut to the small business corporate income tax rate as well as a few minor changes and tweaks to the tax proposals...

In the 2017 Federal Budget, the Liberal Government vowed to tighten tax rules that allow some Canadians to utilize private corporations to unduly reduce the payment of income taxes

In the context of the restructuring of the debt of a corporation in financial difficulty, one of the possibilities that presents itself is to convert its debt into shares of the corporation.

Under proposed 237.3 of the Income Tax Act, a "reportable transaction" is an avoidance transaction that has two of three "hallmarks" (fee hallmark, confidential protection hallmark, or contractual protection hallmark).

In a press conference on March 18, 2020, Minister of Finance Bill Morneau announced a new set of economic measures, including tax measures, as part of the Government of Canada's COVID-19 Economic Response Plan.

Sakab Saudi Holding v. Saad Khalid (2024 ONSC 1601; under appeal), a recent civil litigation decision on solicitor-client privilege, may strengthen protections for lawyers...